Wednesday’s Remarkable Option Activity: CYRX, HLF, EYPT Insight into Wednesday’s Market: CYRX, HLF, EYPT

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As the midweek market unfolds, option traders are keeping a keen eye on CryoPort Inc (CYRX), Herbalife Ltd (HLF), and EyePoint Pharmaceuticals Inc (EYPT) for noteworthy signs of activity. Today, we observe remarkable numbers in the options market, shedding light on the sentiment and movements of investors.

Notable Option Activity

Today, CryoPort Inc (CYRX) has garnered attention with a total of 3,101 contracts already traded, paving the way for approximately 310,100 underlying shares. This amount represents a staggering 85.4% of CYRX’s average daily trading volume over the past month, indicating a significant surge in interest. The $15 strike put option expiring on March 15, 2024, has seen exceptionally high volume, with 2,502 contracts traded, representing about 250,200 underlying shares of CYRX. This surge is illustrated in the chart below, which outlines CYRX’s trailing twelve-month trading history, with the $15 strike highlighted in an assertive orange.

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Meanwhile, Herbalife Ltd (HLF) recorded options trading volume of 10,051 contracts, signifying roughly 1.0 million underlying shares, or approximately 80.9% of HLF’s average daily trading volume over the past month. The $15 strike call option expiring on May 17, 2024, has particularly captivated the market, with 1,802 contracts traded, representing approximately 180,200 underlying shares of HLF. The visual data in the chart below displays HLF’s trailing twelve-month trading history, showcasing the noteworthy $15 strike in a vivid, attention-grabbing orange hue.

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EyePoint Pharmaceuticals Inc (EYPT) has also not gone unnoticed, with options showing a volume of 7,869 contracts thus far today. This substantial number represents roughly 786,900 underlying shares, translating to a notable 73.5% of EYPT’s average daily trading volume over the past month, which amounts to 1.1 million shares. The $17.50 strike call option expiring on February 16, 2024, has seen an upsurge in volume, with 2,503 contracts traded, representing approximately 250,300 underlying shares of EYPT. The chart below amplifies this surge, highlighting the $17.50 strike in an impactful, attention-commanding orange.

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For further insights into the various different available expirations for CYRX options, HLF options, or EYPT options, investors can visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Stock Buybacks
• Funds Holding OVL
• Top Ten Hedge Funds Holding PAGS

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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